Summary
This 8-K filing by TASER International, Inc. (now Axon Enterprise, Inc.) on October 25, 2006, primarily serves to disclose the company's financial results for the third quarter ended September 30, 2006. The company reported strong performance with revenue reaching $18.3 million and a net income of $2.4 million, translating to $0.04 in basic earnings per share (EPS). This filing indicates the company is providing this information via a press release, furnished under Regulation FD, to ensure broad public dissemination of material financial information.
Key Highlights
- 1TASER International, Inc. reported third quarter revenue of $18.3 million.
- 2The company achieved a net income of $2.4 million for the quarter.
- 3Basic earnings per share (EPS) for the third quarter was $0.04.
- 4The financial results were disclosed via a press release dated October 25, 2006.
- 5The information is furnished under Regulation FD disclosure, not deemed 'filed' for Section 18 purposes.
- 6The filing includes unaudited statements of income, balance sheets, and selected cash flow information as an exhibit.
- 7Daniel Behrendt, Chief Financial Officer, signed the report.
Frequently Asked Questions
The primary purpose of this 8-K filing is to publicly disclose TASER International, Inc.'s financial results for the third quarter ended September 30, 2006, through a press release and accompanying financial statements.
For the third quarter of 2006, TASER International, Inc. reported revenue of $18.3 million, a net income of $2.4 million, and basic earnings per share (EPS) of $0.04.
The filing states that the information is furnished under Item 7.01 Regulation FD Disclosure and shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor incorporated by reference into other filings, unless expressly stated. This is a common practice for disseminating material information broadly.
The filing includes Exhibit 99.1, which contains the full text of the press release dated October 25, 2006, detailing the company's third-quarter financial results, along with unaudited statements of income, balance sheets, and selected statements of cash flows information.